Articles by CA S K MISHRA

Sale of Scrap materials: Applicability of GST and TDS

Posted by CA S K MISHRA 14 November 2024 96618 Views

The term "Scrap" has not been defined any where in the GST Laws. As such one can derive its meaning as per normal business or commerce parlance.

TDS on Purchase of Property For FY 2023-24

Posted by CA S K MISHRA 05 March 2024 21823 Views

Finance Act, 2013 has introduced Sec 194-IA which provides for deduction of tax at source in case of payment of sale consideration of immovable property (other ...

GST on inter-unit or inter-branch supply of goods or services

Posted by CA S K MISHRA 11 August 2021 38631 Views

As per Sec 25(4) of CGST Act, 2017 every branch/office of a company/entity having a separate GSTIN belonging to one legal entity is a distinct person, whether located in the same state or different states.

Sec 194-O: TDS by e-Commerce operator

Posted by CA S K MISHRA 25 November 2020 11926 Views

U/s 194-O w.e.f from 1st Oct 2020, an e-Commerce operator is required to deduct TDS for facilitating any sale of goods or providing services through an e-Commerce participant,

FAQs on TDS under GST [Sec 51 of CGST Act, 2017]

Posted by CA S K MISHRA 23 November 2020 9496 Views

The GST Law mandates TDS u/s 51 of the CGST/SGST Act 2017, u/s 20 of the IGST Act, 2017, and u/s 21 of the UTGST Act, 2017. The GST Council also recommended the introduction of TDS from 01.10.2018.

New return filing system under GST

Posted by CA S K MISHRA 08 April 2020 18406 Views

IntroductionThe roll out of GST has been a landmark achievement with respect to unifying multiple central and state taxesbarring a few goods / sectors and avail...

GST Audit - An overview

Posted by CA S K MISHRA 29 December 2019 8253 Views

INTRODUCTIONGoods & Services tax (GST) is a comprehensive, destination based indirect tax levied on manufacture, sale and consumption of goods & service

Reverse Charge (RCM) U/s 9(4) of CGST Act,2017

Posted by CA S K MISHRA 24 November 2019 29188 Views

The Charging section is a must in any tax law for levy and collection of tax. Before imposing any tax, it must be ensure that the transaction falls within the a...

Registration under GST for works contract

Posted by CA S K MISHRA 23 August 2019 17840 Views

The registration under GST is PAN based and State-specific. Every taxable person (subject to threshold limit) is required to obtain a PAN based registration in ...